Property prices for rent in Bokaro (Jharkhand)
The rent prices in real estate in Bokaro, in the Jharkhand region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.foot in Bokaro has barely changed in the last 6 months. In November, the average price per sq.foot was ₹ 7.85. In the following month the price per sq.foot fell to ₹ 7.34. In the following two months the price per sq.foot has practically remained the same, going from ₹ 7.59 to ₹ 7.97 per sq.foot. The price per sq.foot has risen 112 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.foot of ₹ 7.78 to ₹ 8.68 during March, and April.
When referring to the price in Bokaro (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is ₹ 7,023. During December the price went through a considerable rise reaching ₹ 8,418. During the following two months (January, February) the average price had a considerable rise of 124 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 126 % during the last two months.
The graph displaying the average rent price for BHK illustrates that those properties with 1 BHK are the most affordable ones. At a price of ₹ 11,667 they are 46 % more affordable than the average price for Bokaro . The properties with the highest average price have 3 BHK, Their price is 40 % more expensive than the average. After that we have properties with 4 BHK priced at ₹ 12,488.
With regard to the average price per sq.foot, those properties with 3 BHK are the most expensive ones at a cost of ₹ 9.7 / sq.foot, with an average ₹ 9.24 / sq.foot price in Bokaro. The properties with the most expensive average prices have 2 BHK. They are 28 % more expensive than the average followed by properties with 1 BHK with a price at ₹ 9.8 / sq.foot.
According to average price per property type in Bokaro, "" priced at ₹ 9,438 is 19 % lower than the average price (₹ 11,667) in this city.
